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jthoma82
New Member

Is box 12a on my W-2 my contributions to my IRA and can I use that amount in the deductions section? It is code S.

 
1 Reply

Is box 12a on my W-2 my contributions to my IRA and can I use that amount in the deductions section? It is code S.

No.  That is already reported on your W-2.  You don't report it again.  A code S (408p SIMPLE) plan is not a personal IRA.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
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